What is Tenet Healthcare's contract assets?

Tenet Healthcare (THC) reported contract assets of $201M in Q1 2026.

How has Tenet Healthcare's contract assets changed year-over-year?

Tenet Healthcare's contract assets decreased by 0.5% year-over-year, from $202M to $201M.

What is the long-term trend for Tenet Healthcare's contract assets?

Over 3 years (2022 to 2025), Tenet Healthcare's contract assets has grown at a -2.0% compound annual growth rate (CAGR), from $200M to $188M.

Tenet Healthcare THC Contract Assets

Contract Assets at other companies

SS&C TechnologiesSSNC

$50.3M-14.5%

CVS HealthCVS

——

Leidos HoldingsLDOS

——

Segments

By segment

See full

Hospital Operations$480M+2,900%

Other financials

Income statement

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Revenue$5.4B+2.8%

Operating income$1.3B+37.4%

Net income$906.0M+45.7%

EPS (diluted)$8.01+87.6%

Balance sheet

See full

Cash & equivalents$3.0B-1.1%

Total debt$13.3B+0.2%

Total equity$4.8B+15.1%

Total assets$31.2B+6.7%

Cash flow

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Operating cash flow$1.6B+101%

CapEx$180.0M+4.0%

Free cash flow$1.5B+128%

Valuation

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Market cap$14.86B—

Enterprise value$25.19B—

P/E5.6×—

P/S0.7×—

Profitability

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Operating margin18%+0.4pp

Net margin12.4%+0.9pp

FCF margin15.6%—

Returns & leverage

See full

Return on equity58.9%-2.7pp

Debt / equity2.8×-0.4×

Current ratio1.4×-0.4×

Where this comes from

Reported directly by Tenet Healthcare in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.

The official record: Tenet Healthcare’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tenet Healthcare's contract assets?: Tenet Healthcare (THC) reported contract assets of $201M in Q1 2026.
How has Tenet Healthcare's contract assets changed year-over-year?: Tenet Healthcare's contract assets decreased by 0.5% year-over-year, from $202M to $201M.
What is the long-term trend for Tenet Healthcare's contract assets?: Over 3 years (2022 to 2025), Tenet Healthcare's contract assets has grown at a -2.0% compound annual growth rate (CAGR), from $200M to $188M.